Crypto Market Braces for Busy Week with Key Events
The crypto market is bracing itself for several key events this week, including updates on the US-Iran truce and the Federal Reserve's interest rate decision.
The July 29 FOMC meeting will be closely watched by traders, as it may signal a change in monetary policy. Additionally, the Senate's push to pass the CLARITY Act could have significant implications for the industry.
The US PCE inflation report and jobs data are also on the radar, with investors looking for signs of economic growth or stagnation. The crypto market has been sensitive to changes in interest rates and inflation numbers in recent months.